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Charming Cafe. The GoTo Place In Wagga. Local Coffee Specialists.

$290,000 plus Stock

Wagga Wagga, New South Wales

Charming Cafe. The GoTo Place In Wagga. Local Coffee Specialists.

This cosy coffee shop offers terrific ambience and great coffee, as well as a cafe-style menu for breakfast and lunch. Its convenient positioning in the central Wagga area allows it to attract residential, business and tourist clientele. 

Highlights:

- Asking Price $290,000 plus stock

- Weekly Revenue over $17,500

- Annual PBITDA $146,000

- Specialist in locally roasted coffee

- Seating for 50 people

- Well equipped kitchen

- Lease 5 +5 (from 2017)

- Existing staff manage day-to-day operations

- Minimal hourly commitment needed from owner

- Numerous revenue growth opportunities

The current owner needs to relocate interstate, opening up the opportunity to acquire this attractive business.

Wagga Wagga is the largest inland city in NSW and also one of the fastest-growing inland cities in Australia. It has become an important agricultural, military and transport hub. The CBD is contained within a grid of streets, bounded to the west by Best Street, where the cafe is located. 

Listing ID: NSW09689

Broker: Richard Carter

Phone: 0419 241 099

Email: richard.carter@linkbusiness.com.au

THE PROSPECTIVE BUYER IS REQUIRED TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS PRESENTED AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE WITHIN THIS ADVERTISEMENT, BY THE VENDOR OR BY ANYONE ON THE VENDOR'S BEHALF.

PBITDA is net income before deducting owners remuneration, discretionary expenses, depreciation, interest and taxes.
Ref: NSW09689
Timestamp: 20201217020043

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Last updated: 17th December 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 Wagga Wagga
State
 New South Wales
Price
$290,000 plus Stock
Category
  • Cafe/Coffee Shop

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